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Layoffs

20 stories about Layoffs
משרדי אינטל ב פתח תקווה

Intel ends car leasing program in latest cost-cut

01.09.24|Meir Orbach
The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy. 
חלקי רחפנים שהודפסו במדפסות תלת-מימד של סטרטסיס מוצגים בדוכן של החברה בתערוכה בדבאי

Stratasys to lay off 15% of workforce as part of $40M cost-cutting plan

29.08.24|Meir Orbach
Around 300 employees are set to leave the Israeli 3D printer manufacturer. 
לוגו אינטל

Intel's layoff plan enters new phase after voluntary retirement program closes

28.08.24|Meir Orbach
With initial retirements complete, Intel focuses on additional layoffs and operational scaling. 
ג'נרל מוטורס ישראל

GM lays off dozens in Israel as part of worldwide job cuts

20.08.24|Meir Orbach
The layoffs affect GM's critical software and services sectors, with a global impact. 
Omer Granot Localize

Proptech startup Localize shuts down US operations amid real estate crisis

19.08.24|Meir Orbach
The volume of real estate transactions in the US has decreased significantly in the last two years, leading to a reduction in the company's activities that provide data tools for apartment buyers and agents. However, sister company Madlan's activities in Israel will continue as usual.
שלמה גדות מנכ"ל פרסלו

Chip company Inuitive laying off 20% of workforce as CEO retires

15.08.24|Meir Orbach
Inuitive, which focuses on 3D imaging, has raised approximately $200 million to date.
משרדי DayTwo משרדים שטוחים

Healthtech startup DayTwo shuts down

13.08.24|Sophie Shulman
Once one of the most promising medical startups in Israel, DayTwo raised $85 million in total, but failed to navigate market challenges. 
סיסקו cisco

Cisco set to cut thousands more jobs as part of AI and cybersecurity focus

11.08.24|Reuters
As Cisco refocuses its business, another round of significant layoffs looms for the networking giant. 
פט גלסינגר מנכ"ל אינטל ה עולמית

Up to 19 months of pay: What Intel is offering employees for early retirement

07.08.24|CTech
Employees with five years of service will receive four months' salary, those with over 10 years will be entitled to 10 months' salary, and employees with more than 30 years of service will receive 19 months' salary upon retirement. 
אינטל אריזונה

Intel laying off more than 15% of workforce, cutting costs by $10 billion

02.08.24|Omer Kabir
The chip giant said it will part ways with around 15,000 employees globally by the end of the year after registering a loss of $1.6 billion in the second quarter of 2024.
פט גלסינגר אינטל

Intel’s mass layoffs: A desperate move that might not be enough

01.08.24|Omer Kabir
Cutting thousands of jobs may offer temporary relief, but Intel’s long-term outlook remains shaky.
בניין אינטל ב חיפה

Intel to layoff thousands of employees in latest round of cutbacks

31.07.24|Omer Kabir
According to a Bloomberg report, the chip company could present the plan as early as this week. 
Orcam myme election בחירות אורקאם

OrCam closing glasses department, cutting dozens of jobs in third round of layoffs this year

28.07.24|Meir Orbach and Sophie Shulman
The Israeli startup has decided to focus on its Hear division after the technological progress in image processing by language models has made its Low Vision products largely redundant. 
אמדוקס פארק

Amdocs set to cut 1,500-3,000 jobs in new round of layoffs

18.07.24|Meir Orbach
The software giant is expected to lay off between 5%-10% of its global workforce
מנכ"ל סולאראדג' צבי לנדאו

Power failure: Has SolarEdge's crisis made it a takeover target?

18.07.24|Adiel Eithan Mustaki
The company's value collapsed from $20 billion to $1.6 billion in about two years, making it a potential acquisition target. SolarEdge, which has no controlling owner, announced layoffs of 400 employees, half of them in Israel, causing its stock to continue to fall.
אריאל טיגר מנכ"ל EverC

EverC laying off 10% of team

17.07.24|Meir Orbach
The company, which develops technology to prevent online fraud, is cutting around 16 of 165 jobs.
מייסדי אקווה סקיוריטי מימין דרור דוידוף ו אמיר ג'רבי CTO

Cyber unicorn Aqua axes 10% of workforce

17.07.24|Meir Orbach
Aqua, which raised $60 million at a $1 billion valuation earlier this year, is laying off around 50 employees. 
מנכ"ל סולאראדג' צבי לנדאו

SolarEdge cutting 400 jobs in second round of layoffs in six months

15.07.24|Adiel Eithan Mustaki
The struggling renewable energy company laid off 900 workers in January, approximately 16% of its workforce. The latest cutbacks will see SolarEdge part ways with around 8.5% of its remaining team.
מנכ"ל סולאראדג' צבי לנדאו

Will another round of layoffs halt SolarEdge's downward spiral?

14.07.24|Adiel Eithan Mustaki and Amir Perger
The renewable energy company, which laid off about 900 workers in January, is expected to announce the layoffs of hundreds more employees in the coming week. SolarEdge, which traded at a record value of about $20 billion two years ago and was the first Israeli company in the S&P 500, has since lost almost 90% of its value. 
מפעל סולאראדג' באזור התעשייה ציפורית

SolarEdge set to cut hundreds of jobs in second round of layoffs in six months

12.07.24|Adiel Eithan Mustaki
After seeing its market cap fall by 89% over the past year, the renewable energy company is embarking on another round of cutbacks 
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